Description

This fund typically allocates approximately 65% of its portfolio to equity holdings, with the remaining 35% dedicated to fixed-income instruments and cash. The debt securities within the fund generally possess a weighted average maturity between five and ten years. The adviser primarily targets investments in mid-capitalization companies, specifically those with a market value ranging from over $1 billion to under $15 billion at the time of acquisition. The fund also has the flexibility to acquire both investment-grade and non-investment-grade securities.